Not Facing Any ED Probe After RBI’s Disciplinary Action, Says Paytm Paytm parent, One97 Communications, issued a clarification on Sunday stating that the firm or its related entities are not facing any probe from the Enforcement Directorate (ED). The statement came after media reports said that the government agency could potentially launch an investigation against … Read more
Stock Market: Sensex Jumps Over 800 Points, Nifty Trading Above 21,600 The stock markets are attempting a strong rally to recover from the shocks of the previous week. As of 10:40 AM, the S&P BSE Sensex climbed more than 800 points to stand at 71,516.55, while the NSE Nifty50 was trading at 21,610.45, after gaining … Read more
Direct Tax-To-GDP Ratio Touches 23-Year High At 6.11% In FY23: CBDT The government’s direct tax-to-GDP ratio touched a 23-year high of 6.11 per cent in the 2022-23 fiscal year, official data from the Central Board of Direct Taxes revealed on Tuesday. The data showed that the government’s direct tax collections increased 17.8 per cent to … Read more
Rupee Slips 6 Paise To Hit 83.13 Against US Dollar In Early Trade The rupee depreciated 6 paise to touch 83.13 against the US dollar in the morning session, due to surging crude oil prices and dollar demand from importers. Forex traders noted that the domestic unit is trading in a narrow range after the … Read more